Digital Cash Settlement System
Sector: Power Transmission
Source: FinTech Futures
Several large banks are investing $50 million in the development of a digital cash settlement solution called the utility settlement coin (USC). This system aims to enhance the efficiency of clearing and settlement in financial markets using blockchain technology.
- Status
- Prospective
- Sector
- Power Transmission, Power Generation (CCGT)
- Updated
- 22 Jul 2026
- Source
- FinTech Futures
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Project Information
Participants
| Not available for this record. |
Status
Original status | Planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | Several large banks are investing $50 million in the development of a digital cash settlement solution called the utility settlement coin (USC). This system aims to enhance the efficiency of clearing and settlement in financial markets using blockchain technology. |
Original sector | Finance |
Budget |
Location
| Not available for this record. |
Source
Source | FinTech Futures |
URL |
More Details
Record type | Project |
Sector | Power Transmission, Power Generation (CCGT) |
Article published date | 2025-03-29 |
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